13 oC 
Güneşli
The latest business confidence data from the Turkish Statistical Institute (TurkStat) reveals a mixed picture across different sectors.
Released on Friday, the report shows an increase in confidence within the services sector, while retail trade and construction experienced declines.
The services sector saw a positive movement with a 1.5% increase in the seasonally adjusted confidence index, reaching 120.4 in March compared to February 2024. This suggests a more optimistic outlook among businesses operating in services.
However, the news wasn't as positive for other sectors. The retail trade sector dipped slightly, with the confidence index decreasing by 1.0% to 113.3. Similarly, the construction sector witnessed a more significant decline of 3.6%, bringing the confidence index down to 88.6.
While the reasons behind these specific sectoral trends are not mentioned in the report, it can be helpful to consider ongoing economic factors or recent events that might influence business sentiment.
Overall, this data paints a picture of cautious optimism in the Turkish business environment, with some sectors faring better than others. (ILKHA)
LEGAL WARNING: All rights of the published news, photos and videos are reserved by İlke Haber Ajansı Basın Yayın San. Trade A.Ş. Under no circumstances can all or part of the news, photos and videos be used without a written contract or subscription.
The Central Bank of the Republic of Türkiye (CBRT) announced that inflation expectations picked up in October, heightening concerns that the pace of disinflation may be slowing. The bank signaled that it will maintain a cautious and data-driven approach to monetary policy in the coming months.
Türkiye’s tourism sector continued its growth trajectory in the third quarter of 2025 (July–September), with tourism income increasing by 3.9% year-on-year to reach 24.26 billion dollars, according to official statistics.
Türkiye’s Minister of Finance and Treasury, Mehmet Şimşek, reiterated the government’s firm commitment to combating inflation and ensuring long-term economic stability during his address at the annual Istanbul Economic Summit on Friday.
Türkiye’s foreign trade deficit expanded sharply in September 2025 as import growth outpaced exports, according to data released Friday by the Turkish Statistical Institute (TurkStat).
